I haven't posted on this board in a while, but I am compelled to do so this morning. I've been making a lot of money on GLOW by buying on the dips and selling in the high 20s low 30s plus I have a core holding that I bought at $0.11 that I will try to ride.
I don't know if any of you come from the computer world, but things never get done when they say they'll be done, that's just the way it is. When a company like GLOW says they'll launch in February, it really means April. Although this stock may be a scam, my gut and my research tells me otherwise. And if you were trying to scam someone, wouldn't you keep it up until your stock price went above a certain number to insure tremendous profits? It's my feeling that if it is a scam, the bottom will fall out when the stock hits $2, but again, this business is far too lucrative if done correctly to settle for a two dollar per share price.
SBET, on the otherhand, is one to stay away from. This conclusion is also based on my research which shows that the gentleman running the company are not the types you'd like to bring home to Mom. A guy that I have been working with used to work for them, and he left because of the rampant stealing, dishonesty, and constant corner cutting and scams. You see, I too am in this business, I just co-funded a start-up offshore Web-based gaming site founded by two Stanford MBAs and two Harvard MBAs along with a lawyer with 20 years gaming experience, all of whom have sparkling clean records. We are different in many respects from every other gaming site, most noticably, the fact that we have firewalled the U.S. to avoid government intervention and headaches and we are available in 8 different languages. Please be clear, this is not a solicitation, the company's not public and has already been capitalized suffeciently. I'm just trying to establish who I am and why I have a right to say what I say.
GLOW is not going to be a long term winner unless they change many things dramatically, which they very well may do. But, in the meantime, I think it's a great trading stock. |
